Regis Resources Limited’s Outperform Rating Reaffirmed at RBC Capital (RRL)
Regis Resources Limited (ASX:RRL)‘s stock had its “outperform” rating restated by analysts at RBC Capital in a research report issued to clients and investors on Friday, Analyst Ratings Network reports. They currently have a A$5.30 ($5.15) price objective on the stock.
Regis Resources Limited (ASX:RRL) opened at 3.760 on Friday. Regis Resources Limited has a 52-week low of A$2.880 and a 52-week high of A$5.870. The stock has a 50-day moving average of A$3.86 and a 200-day moving average of A$3.82. The company has a market cap of A$1.858 billion and a P/E ratio of 12.82.
A number of other firms have also recently commented on RRL. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Regis Resources Limited in a research note to investors on Thursday, October 17th.
Regis Resources Limited is principally engaged in the production of gold from the Moolart Well gold mine, construction of the Garden Well gold mine and exploration, evaluation and development of gold projects in the Eastern Goldfields of Western Australia.
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